June 28 (Reuters) - Customers Bancorp Inc :Customers Bancorp announces upsizing and pricing of $100 million, 3.95% senior notes offering.Says announced pricing of its underwritten public offering of $100 million aggregate principal amount of 3.95% senior notes due 2022.Company increased aggregate amount of notes to $100.0 million from previously announced amount of $75.0 million.Says company expects to receive net proceeds, before expenses, of $98.525 million from offering, after deducting underwriting discount.
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May 31 (Reuters) - Customers Bancorp Inc ::Says over past few weeks, Customers has also received two unsolicited all-cash proposals.Board believes new proposals could be considered superior to Flagship proposal."Now considering restructuring" BankMobile transaction "as a tax free spin-off of BankMobile to Customers Bancorp shareholders".Restructuring of transaction "would be followed by an all-stock acquisition of BankMobile by a well capitalized Flagship Community Bank".Flagship Community Bank was unable to raise all required capital needed to complete acquisition that was agreed with co in mid-Feb.
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Customers Bancorp Inc : Customers Bancorp executes agreement to sell Bankmobile division to Flagship Community Bank . Customers Bancorp - total cash purchase price of $175 million .Customers Bancorp - after accounting for all expenses, this transaction is expected to create approximately $100 million of pre-tax gain for customers.
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